Collapse: DJIA, Bank of America (NYSE: BAC) and Intel Corp. (NASDAQ: INTC) are losing hope

The DJIA turned red as Bank of America has lost foothold

In brief: The Dow Jones Industrial Average falling in early trading. Bank of America Corporation (NYSE: BAC) is losing foothold. Intel Corporation (NASDAQ: INTC) falls below.

The Dow Jones Industrial Average started the U.S. stock market trading in the red zone. Intel Corporation (NASDAQ: INTC) is reduced during the Pre-market trading. Intel shares up 19.52 points, losing -0.30 (-1.51%). Pre-market ends lower Bank of America Corp. (NYSE: BAC) shares up 13.49 points (-1.03%).

U.S. stock trading opens gepom down because of the sharp fall of major world markets and unfavorable macroeconomic statistics, published in the United States. For example, one hour before the session data were published on the trade balance deficit, which proved to be much worse than forecasts. The deficit rose from $ 42.27 to $ 49.9 billion in June, when that was expected to drop to $ 42 billion, The Dow futures fell to 1,24%, S & P 500 was down 1,43%, Nasdaq down on 1,49% . A pair of euro-dollar decreased by 1.2% $ 1.302 per euro. Prices for Brent oil became cheaper by 1.13% to $ 78.7 per barrel, a mixture of WTI – by 1,8% to $ 79.3 per barrel.

Igor Tringlers
2010-08-11 13:34, Economics.

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One comment к “Collapse: DJIA, Bank of America (NYSE: BAC) and Intel Corp. (NASDAQ: INTC) are losing hope”

  1. Stock Market Trading Says:

    Definitely a great time to be investing in options if you know what you’re doing. The market has gone through some massive fluctuations, but overall still mostly sideways. If you know how to take advantage of that, you’ll be rich in no time.

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